D&J Accounting
  • Home
  • About
  • Services
    • QuickBooks
    • Payroll
    • Part Time CFO Services
    • Cash Flow Management
    • Strategic Business Planning
    • New Business Formation
  • Tax Services
    • Tax Preparation
    • Tax Planning
    • Tax Representation
    • Bankruptcy
  • Resources
    • Conference Center
    • Calculators
  • Contact Us
  • Location & Map
  • Blog

Blog

Do I Have to File a Tax Return?

By Joaquin On January 27, 2017 · Add Comment
Do I Have to File a Tax Return? Article Highlights: When You Are Required to File Self-Employed Taxpayers Filing Thresholds Benefits of Filing Even When Not Required to File Refundable Tax Credits This is a question many taxpayers ask during this time of year, and the question is far more complicated than people believe. To [...]
Read Full Article →

February 2017 Business Due Dates

By Joaquin On January 27, 2017 · Add Comment
February 2017 Business Due Dates February 10 – Non-Payroll Taxes File Form 945 to report income tax withheld for 2016 on all non-payroll items. This due date applies only if you deposited the tax for the year in full and on time. February 10 – Social Security, Medicare and Withheld Income Tax File Form 941 [...]
Read Full Article →

February 2017 Individual Due Dates

By Joaquin On January 27, 2017 · Add Comment
February 2017 Individual Due Dates February 1 – Tax Appointment If you don’t already have an appointment scheduled with this office, you should call to make an appointment that is convenient for you. February 10 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in [...]
Read Full Article →

Missed a 60-Day Rollover? There May Be Relief

By Joaquin On January 20, 2017 · Add Comment
Missed a 60-Day Rollover? There May Be Relief Article Highlights: 60-Day Rollover Requirements Financial Institution Error Private Letter Ruling Self-Certification Procedure Taxpayers can take a distribution from an IRA or other qualified retirement plan and if they roll it over (put it back) within 60 days they can avoid taxation on the distributed amount. (This [...]
Read Full Article →

Along with Tax Season Come the Scams; Don’t Be a Victim

By Joaquin On January 20, 2017 · Add Comment
Along with Tax Season Come the Scams; Don’t Be a Victim Article Highlights: Tax Season Brings Scams Key ID Elements How the IRS Operates Email Scams & Phishing Phone Scams ID Thieves One thing we can count on when tax season begins is the scammers coming out from under their rocks with schemes to try [...]
Read Full Article →

What Does the Future Hold for Taxes?

By Joaquin On January 17, 2017 · Add Comment
What Does the Future Hold for Taxes? Article Highlights: Trump’s Proposed Tax Policies Consolidated Tax Rates Increased Standard Deductions Comparison Worksheet Other Factors One topic that is frequently being discussed is what the future holds for individual taxation under incoming President Trump. Numerous blog entries have been posted on the issue; many proclaim that the [...]
Read Full Article →

Important Tax Changes for Small Businesses

By Joaquin On January 11, 2017 · Add Comment
Important Tax Changes for Small Businesses Article Highlights: Section 179 Expensing Bonus Depreciation Vehicle Depreciation New Filing Due Dates Work Opportunity Credit Research Credit Tax legislation passed late in December 2015 (the Protecting Americans from Tax Hikes Act) extended a number of favorable business provisions and made some others permanent. The provisions can have a [...]
Read Full Article →

Standard Mileage Rates for 2017 Announced

By Joaquin On January 10, 2017 · Add Comment
Standard Mileage Rates for 2017 Announced Article Highlights: 2017 Standard Mileage Rates Business, Charitable, Medical and Moving Rates Important Considerations for 2017 Switching Between the Actual Expense and the Standard Mileage Rate Methods Employer Reimbursements Special Allowances for SUVs As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2017 optional [...]
Read Full Article →

1099 Filing Date Moved Up This Year; Don’t Get Trapped into Penalties

By Joaquin On January 10, 2017 · Add Comment
1099 Filing Date Moved Up This Year; Don’t Get Trapped into Penalties Article Highlights: Independent Contractors 1099 Filing Requirement Due Dates Penalties Form W-9 and 1099 Worksheet If, in your business, you engage the services of an individual (independent contractor) other than one who meets the definition of an employee and you pay him or [...]
Read Full Article →

Excited About the Social Security Benefits Increase for 2017?

By Joaquin On December 29, 2016 · Add Comment
Excited About the Social Security Benefits Increase for 2017? The Social Security Administration (SSA) announced that Social Security (SS) benefits will be revised for a cost-of-living adjustment (COLA) increase of 0.3% in 2017. While this is better than the 0% increase that occurred for 2016, don’t get excited; the typical older adult receiving benefits will [...]
Read Full Article →
← Previous Entries Next Entries →
  • D&J Accounting & Tax Services, Ltd. • 4950 N. Harlem Avenue • Harwood Heights, IL 60706 • T 773-237-7400 F 773-237-2822 mówimy po polsku
  • Home
  • About
  • Services
  • Conference Center
  • QuickBooks
  • Payroll
  • Part Time CFO Services
  • Blog
  • Cash Flow Management
  • Strategic Business Planning
  • New Business Formation
  • Tax Services
  • Tax Preparation
  • Tax Planning
  • Tax Representation
  • Bankruptcy
  • Calculators
  • Contact Us
  • Location & Map
  • Privacy Policy